Annual Operating Statements Sample Clauses

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Annual Operating Statements. Borrower shall deliver to Lender, within --------------------------- 90 days after the end of each Fiscal Year, (a) an audited balance sheet for Borrower as of the end of such Fiscal Year and a statement of profit and loss for Borrower's operations, together with all supporting schedules and (b) certificates of Borrower's chief financial officer and a certified public accountant acceptable to Lender that such documents (i) were prepared in accordance with generally accepted accounting principles applied on a consistent basis, (ii) fairly present Borrower's financial condition, (iii) show all material liabilities, direct and contingent, and (iv) fairly present the results of Borrower's operations.
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Annual Operating Statements. Deliver to Bank the following: (a) Promptly and in any event within ninety (90) days after the end of each fiscal year of Guarantor, balance sheets and statements of income for Guarantor's operations for such fiscal year, accompanied with all supporting schedules and certificates of Guarantor's managing general partner that the statements are true and correct. (b) Upon request, copies of all such regular or periodic financial statements or financial reports as Guarantor shall send to its partners. (c) Upon request, copies of all such regular or periodic reports which are available for public inspection which Guarantor may be required to file with any federal or state department, bureau, commission or agency, including without limitation tax returns.
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Annual Operating Statements. Deliver to Bank the following: (a) Promptly and in any event within ninety (90)days after the end of each Fiscal Year, balance sheets and statements of income for Company's operations for such Fiscal Year, accompanied with all supporting schedules and certificates of Company's chief financial officer that the statements are true and correct.
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Annual Operating Statements. Deliver to Bank the following: (a) Promptly and in any event within ninety (90) days after the end of each Fiscal Year, balance sheets and statements of income for Company's operations for such Fiscal Year, accompanied with all supporting schedules and certificates of Company's chief financial officer that the statements are true and correct. (b) Upon request, copies of all such regular or periodic financial statements or financial reports as Company shall send to its shareholder(s). (c) Upon request, copies of all such regular or periodic reports which are available for public inspection which Company may be required to file with any federal or state department, bureau, commission or agency, including without limitation tax returns. (d) Promptly and in any event within one hundred twenty (120) days after the end of each Fiscal Year, a certification of a Designated Representative that no Event of Default has occurred and Company is in compliance with all covenants and agreements made by Company and contained in this Agreement or any of the Loan Documents.
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Annual Operating Statements. In the event Tenant has been in default ---------------------------- of any of the terms of this Lease herein, then Tenant shall, within One Hundred Twenty (120) days after the close of each fiscal year the Tenant shall furnish the Landlord with annual operating statements and balance sheets certified by an officer of the Company.
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Annual Operating Statements. During the term of the Loan, the Mortgage will provide for the Borrower to furnish its audited financial statement of the Borrower to AEI within ninety (90) days after the end of Borrower's fiscal year. The financial statements shall be audited, at Borrower's expense, by KPMG Peat Marwick or a nationally recognized independent certified public accounting firm reasonably acceptable to AEI and shall be prepared in conformity with general accepted accounting principles (GAAP). Borrower shall also provide AEI with operating statements for the Parcel within ninety (90) days after the end of each fiscal year during the term of the Loan at AEI's request. The operating statements for the Parcel do not need to be prepared by an independent certified public accountant, but shall be certified as true and correct by the chief financial officer or other authorized officer of Borrower.
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Annual Operating Statements. Within ninety (90) days after the last day of each calendar year, internally prepared monthly operating statements showing income, expenses and balance sheets for the Property (Monthly Site Summary Reports) (which shall include the Collateral) in the same form as is furnished to the management of Borrower.
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Related to Annual Operating Statements

  • Operating Statements In the case of each Mortgage Loan, the related Mortgage or another Mortgage Loan document requires the related Mortgagor, in some cases at the request of the lender, to provide the holder of such Mortgage Loan with at least quarterly operating statements and rent rolls (if there is more than one tenant) for the related Mortgaged Property and annual financial statements of the related Mortgagor, and with such other information as may be required therein.

  • Production Report and Lease Operating Statements Within 60 days after the end of each fiscal quarter, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

  • Annual Operating Budget Borrower shall prepare and deliver to Lender, within thirty (30) days prior to the beginning of each calendar year, an annual expenditure budget for (A) Borrower and its Subsidiaries and (B) each Property, and in each case showing, in reasonable detail (i) each line item of anticipated income and operating expenses, including amounts required to establish, maintain, and/or increase reserves, and (ii) each line item of anticipated Capital Expenditures (“Operating Budget”). The Operating Budget shall also include a business plan (“Business Plan”) for Borrower’s and its Subsidiaries’ proposed operations during the forthcoming calendar year which shall include a projection of income and expenses for the coming year(“Projections”). The Operating Budget shall be prepared and submitted in a form reasonably acceptable to Lender. The Operating Budget for each Property through December 31, 2006 is attached hereto as Exhibit G. Lender shall have the right at any time following the occurrence and during the continuance of an Event of Default to approve each Operating Budget in Lender’s reasonable discretion. In the event that Lender objects to the proposed Operating Budget submitted by Borrower, Lender shall advise Borrower of such objections within fifteen (15) Business Days after receipt thereof (and deliver to Borrower a reasonably detailed description of such objection) and Borrower shall promptly revise such Operating Budget and resubmit the same to Lender. Lender shall advise Borrower of any objections to such revised Operating Budget within ten (10) Business Days after receipt thereof (and deliver to Borrower a reasonably detailed description of such objection) and Borrower shall promptly revise the same in accordance with the process described in this sentence until Lender approves an Operating Budget. Each such Operating Budget approved by Lender in accordance with terms hereof shall hereinafter be referred to as an “Approved Operating Budget.”

  • Annual Operating Plan Purchaser may be required to submit a written annual operating plan, as specified by, and at the request of the Forest Officer.

  • Annual Operating Budget and Financial Projections Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an annual operating budgets, on a consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, as approved by Borrower Representative’s Board, together with any related business forecasts used in the preparation of such annual financial projections.